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To: BGR who wrote (48240)	6/20/1999 10:52:00 AM
From: Haim R. Branisteanu	Read Replies (1) of 86076

BGR, the same can be said about electricity, the Car, TV, Radio and telephone. None of those companies are trading at such relative high prices as DOT.COM companies.(not even the biotech's 6-7 years ago) Did inflation vanished because of electricity - NO the same would apply to the other major inventions. All those inventions made our life better more productive and longer but failed to give us more leisure time competition demands from us to produce more productive units over the same time period curtailed the free time and is putting more stress. the benfits are questionable at best. The internet is a by product of a maturing industry the computer industry and strains in profitability and stock prices can be seen in HD manufacturers with the semis following close by. Remeber RCA were is it now?? Those are m 2 cents. BWDIK Haim

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